Lol. Their exports are decreasing while Kenya's are increasing. Lol .its gonna have a negative impact.Tanzania faces ballooning import bill as exports drop
WEDNESDAY NOVEMBER 28 2018
Port of Dar es Salaam. Tanzania’s current account deficit widen by $966 million to $2.159 billion in the year ending September 2018, compared with $1.193 billion in the same period in 2017. PHOTO FILE | NMG
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- The Bank of Tanzania (BoT) says all categories of imports went up, especially capital goods, transport equipment, building and construction materials, an increase attributed to the ongoing construction of the standard gauge railway, roads and bridges, airports and ports.
By BEATRICE MATERU
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Increased imports for transport equipment and building and construction materials have seen Tanzania’s current account deficit widen by $966 million to $2.159 billion in the year ending September 2018, compared with $1.193 billion in the same period in 2017.
The figure represents a 7.5 per cent rise from August 2018, when the deficit was $2.009 billion.
The Bank of Tanzania (BoT) says all categories of imports went up while exports have reduced as investors have moved operations to neighboring regions.
In its latest economic review, the central banks says oil imports, which make up the largest share of imports into the country, accelerated by 8.1 per cent to $1.973 billion, largely blamed on the rise in prices in the world market caused by supply factors.
At the same time, the export value of goods and services declined, mainly due to a decline in the export of non-traditional goods.
Non-traditional exports include diamonds, gold, manufactured goods such as mobile devices, coffee, tobacco, fish and fish products, as well as horticultural products.
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“In the year ending September 2018, the export value of goods and services accounted about $8.669 billion compared with $8.741 billion recorded in the year ending September 2017,” said the report.
Non-traditional exports include diamonds, gold, manufactured goods such as mobile devices, coffee, tobacco, fish and fish products as well as horticultural products.
The traditional exports counter features agricultural commodities, with coffee, cotton, sisal, tea, raw tobacco, cashew nuts and cloves being major.
Tanzania’s top export destinations are India, the United Arab Emirates, Switzerland, South Africa and China. The same nations also make up the import.
Mbona namwona shein wa zanzibar, hao journalist wanashida
Hajulikani huyo shein,Mbona namwona shein wa zanzibar, hao journalist wanashida
Kwanini sio kericho au kisumu. Tz we have Arusha icc. Nyerere icc the best and latest in Dsm.They should build a more advanced international conference center in upper hill or Westi.
Lol. Their exports are decreasing while Kenya's are increasing. Lol .its gonna have a negative impact.
Wataendelea kuisoma #
.....and discipline, he will be taught properly no doubt about it.The absence of Tanzania's president John Pombe Magufuli at the Blue Economy Conference in Nairobi has once again raised eyebrows.
Magufuli's failure to attend the Blue Economy Conference is, however, in line with his disdain for conferences, which he has cut to a bare minimum, shoe-string-budget affairs in Tanzania.
He is the only missing East African head of State in the talks. Uganda's Yoweri Museveni, Somalia's Mohammed Farmaajo, Rwanda's Paul Kagame, Mozambique's Filipe Nyusi, and Seychelles' Danny Faure showed up.
The Blue Economy Conference officially commenced on Monday with several heads of states gracing the event. Over 183 countries have sent delegates bring the number of participants way above 17,600.
Magufuli's absence has left many wondering whether the somewhat lukewarm diplomatic relationships between Kenya and Tanzania may be behind his decision to skip the conference jointly organised by Kenya, Canada and Japan.
The conference seeks to promote sustainable use of the seas, lakes and oceans as well as their resources for sustainable economic development.
It should be noted that Magufuli did not attend President Uhuru's first and second inauguration in 2012 and 2017 respectively.
Kenya and Tanzania have been at loggerheads ever since Nairobi protested, through diplomatic channels, at Tanzania's alleged hosting of a separate vote tallying centre linked to the Raila Odinga led NASA
In November 2017, President Magufuli caused a diplomatic stir when his government auctioned more than 1000 cows belonging to Kenyan Maasai pastoralists who were grazing them at the Tanzanian border. Magufuli government also burned 6,400 chicks imported from Kenya maintaining they were infected by bird flu.
Nairobi described Magufuli's action as hostile while the Tanzanian president vowed to go on auctioning and confiscating livestock that crossed the border without permission.
"Tanzania cannot be a feeding farm for animals from other countries and that is why we have stated that we are going to take action according to the as law," Magufuli said adding: "We want to tell our neighbours to take measures based on their laws once our animals graze in their countries."
In December, 2015, Magufuli, banned Brookside Dairy from operating in Arusha, Tanzania.
While addressing the Tanzanian Private sector Foundation, he said it was not fair for Brookside Dairy Limited to collect milk from Tanzania, process it in Kenya and then sell the milk back to Tanzania.
"How many dairy companies do we have in our company which are working? Why is Brookside Company collecting milk from farmers in Arusha, taking it to Kenya for processing and then bringing it back for selling? Enough is enough, we can't allow this anymore" he told the business people.?
*It is becoming clear that Tanzania is trying to fight Africa and the world to protect its stupid "Ujamaa" interests. The big boys are now eyeing this Magufuli guy. It's like he needs to be taught some discipline and that shall be Organized.[emoji34][emoji34][emoji34][emoji34][emoji34]View attachment 949059
While Tanzania increases imports on Machines, construction materials and other capital goods for investments, Kenya increases importation of maize from Uganda, " That is the different between modern and banana Economies ".Lol.Yohanna mapadlock
Sorry nyanyangu, I was targeting JKasuku who is bringing these negative, not you. Wewe hajawahi kuweka post, sanasana una comment tu. Pole sana.Lol.Are you aware of trade surplus and trade deficit?
BTW, why are you calling me a stupid bitch? Do you want me to retaliate? Lol
Wewe una matatzo.....2012 Magufuli alikuwa rais?????? Kwani DR SHEIN & JANURY MAKAMBA (Waziri wa Muungano +Mazingira) si wamehudhuria??? Ninyi waandishi mna matatzo hakika....The absence of Tanzania's president John Pombe Magufuli at the Blue Economy Conference in Nairobi has once again raised eyebrows.
Magufuli's failure to attend the Blue Economy Conference is, however, in line with his disdain for conferences, which he has cut to a bare minimum, shoe-string-budget affairs in Tanzania.
He is the only missing East African head of State in the talks. Uganda's Yoweri Museveni, Somalia's Mohammed Farmaajo, Rwanda's Paul Kagame, Mozambique's Filipe Nyusi, and Seychelles' Danny Faure showed up.
The Blue Economy Conference officially commenced on Monday with several heads of states gracing the event. Over 183 countries have sent delegates bring the number of participants way above 17,600.
Magufuli's absence has left many wondering whether the somewhat lukewarm diplomatic relationships between Kenya and Tanzania may be behind his decision to skip the conference jointly organised by Kenya, Canada and Japan.
The conference seeks to promote sustainable use of the seas, lakes and oceans as well as their resources for sustainable economic development.
It should be noted that Magufuli did not attend President Uhuru's first and second inauguration in 2012 and 2017 respectively.
Kenya and Tanzania have been at loggerheads ever since Nairobi protested, through diplomatic channels, at Tanzania's alleged hosting of a separate vote tallying centre linked to the Raila Odinga led NASA
In November 2017, President Magufuli caused a diplomatic stir when his government auctioned more than 1000 cows belonging to Kenyan Maasai pastoralists who were grazing them at the Tanzanian border. Magufuli government also burned 6,400 chicks imported from Kenya maintaining they were infected by bird flu.
Nairobi described Magufuli's action as hostile while the Tanzanian president vowed to go on auctioning and confiscating livestock that crossed the border without permission.
"Tanzania cannot be a feeding farm for animals from other countries and that is why we have stated that we are going to take action according to the as law," Magufuli said adding: "We want to tell our neighbours to take measures based on their laws once our animals graze in their countries."
In December, 2015, Magufuli, banned Brookside Dairy from operating in Arusha, Tanzania.
While addressing the Tanzanian Private sector Foundation, he said it was not fair for Brookside Dairy Limited to collect milk from Tanzania, process it in Kenya and then sell the milk back to Tanzania.
"How many dairy companies do we have in our company which are working? Why is Brookside Company collecting milk from farmers in Arusha, taking it to Kenya for processing and then bringing it back for selling? Enough is enough, we can't allow this anymore" he told the business people.?
*It is becoming clear that Tanzania is trying to fight Africa and the world to protect its stupid "Ujamaa" interests. The big boys are now eyeing this Magufuli guy. It's like he needs to be taught some discipline and that shall be Organized.[emoji34][emoji34][emoji34][emoji34][emoji34]View attachment 949059
Dr Shein is there for Tanzania!!
😀😀😛😛😛😛😀😀😀 wivu huooo2025, ******** akitoka, nataka kuona tanzania imetoka ldc na kuwa upper middle income. namba munaisoma na mutazidi kuisoma, upende usipende, utake usitake, ulie usilie, ulale uburuke..... namba mutaisoma na mutazidi kuisoma!
Lol. OKSorry nyanyangu, I was targeting JKasuku who is bringing these negative, not you. Wewe hajawahi kuweka post, sanasana una comment tu. Pole sana.
Hapa kazi tu. Uhuru akijaribu kupiga push-ups atatapika bangi na chang'aa.Anahudhuria hizi za vijiweni
View attachment 949150
🙄🙄Hawezi kuwa na mjadala na peers.
Sijui ni kuwaogopa ama ni confidence hana.
Yeye anajua tu kubweka orders kwa wadogo wake.
si ungeandika Kiswahili tuMost of Kenyans in here have been vomiting out a stupidity to its level, Tanzania is an Independent nation same applies to presidency. Magu's schedule never had such event for him to attend to instead he appointment representatives on his behalf of which it is totally accepted locally and Internationally. Maybe you could have rejected our representatives right on spot if it was only Magufuli whom you were filmed to welcome.
Your southern side neighbouring nation got even bigger fish to catch aside from those nuisance summits and the alikes without any vivid outcomes. On this matter I stand to defend my president unconditional with no apology.